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BMW, Daimler Combine Mobility Services for Survival
The new front in the transportation of the future fight in cities and mini-cities will be soldiered by CarSharing, Ride-Hailing, Parking, Charging and Multimodality troops. Each company will hold a 50% stake in a joint-venture made from both companies’ current mobility services. It is alleged that the two companies will remain competitors in their respective core businesses, something the capital markets and ultimately customers will weigh in on. Continue reading
Posted in electric vehicles, news analysis, transportation
Tagged autoinformed.com, Beat BMW AG’, Chauffeur Privé, Clever Taxi, daimler ag, Ken Zino, moovel, mytaxi, ReachNow
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Daimler Facing Profit and Sales Declines Reorganizes
“This will have a negative impact on our earnings in 2020 and 2021. To remain successful in the future, we must therefore act now and significantly increase our financial strength.” Continue reading →